VIAV · Serenity 持续观点

Serenity @aleabitoreddit

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专注 AI 光通信与半导体供应链研究，擅长从产业链与公司基本面寻找高赔率机会。长期跟踪 CPO 与光模块产业链，持续输出 SIVE、AAOI、LITE、POET 等标的的深度观点。

结论速览

VIAV 整体偏多（看多 1 · 看空 0）

VIAV正从CPO测试中获得收入和采购订单，表明CPO路线图按计划推进并加速，驳斥延误说法。

最近发言：2026/08/06 01:23 · 信心分 7/10

8-10 分观点使用大徽标▲ 看多▼ 看空● 提及

历史观点（1 条，最新在上）

2026/08/06 01:23UTC看多信心分：7/10重申跳转 X 原文 →
English · 原文
Funniest callout of the year from $VIAV on CPO timelines: "Well, there's been a lot of industry talk [about delays], like, 'Oh, because the yield is going to be slower.' That's all nonsense. CPO and all that thing is moving forward" They stated that Yes there's always issues, but the process is being improved and things are getting better. To follow up on that, the CEO stated: - Viavi has POs for CPO-testing activity - “We’re already getting [CPO revenue] this quarter, and probably in December it will start accelerating.” On a side note, they also stated, 1.6T is "ramping very quickly", should reach parity with 800g next year, and signaled longer tail for 800g demand. TLDR: Seeing CPO test revenues hit for $VIAV to $FORM around now. Nvidia also stated switch-side CPO for scale out and scale across has entered mass production earlier. As for scale up timelines, early production should be H2 2027 for some players, with other CPO players Ayar stating 2028 is the volume inflection period. Basically, all the timelines seem to be the same as before and revenue is starting to hit testing players first.
2026/08/06 01:23UTC看多信心分：7/10重申跳转 X 原文 →
中文 · 翻译
$VIAV 谈到 CPO（共同封装光学）的时间表时，今年最搞笑的一段话： “好吧，行业里有很多关于（延迟）的讨论，比如‘哦，因为良率会比较慢。’ 那都是胡说八道。CPO 和所有相关的东西都在向前推进。” 他们表示，是的，总会有问题，但流程正在改进，情况正在好转。接着，CEO 进一步表示： - Viavi 已经收到了 CPO 测试活动的采购订单 - “我们这个季度就已经收到（CPO 收入）了，可能到 12 月就会开始加速。” 另外，他们还提到，1.6T “正在快速爬坡”，预计明年将与 800G 持平，并预示 800G 的需求会有更长的“长尾”效应。总结：$VIAV 正在为 $FORM 等公司带来 CPO 测试收入。英伟达之前也说过，用于横向扩展和跨域扩展的交换侧 CPO 已经进入了大规模生产。至于纵向扩展的时间表，一些厂商的早期生产应该在 2027 年下半年，而其他 CPO 厂商，比如 Ayar 公司，则表示 2028 年是产量拐点。基本上，所有的时间表似乎都和之前一样，收入正开始首先流向测试设备厂商。

在其他光模块产业链标的上也有持续观点

VIAV 之外，以下标的同样收录于其观点库：

$SIVE · 222 条观点 $AAOI · 124 条观点 $NVDA · 120 条观点

全部跟踪标的 →机构、内部人士与国会议员持仓动态 →

历史观点（1 条，最新在上）

2026/08/06 01:23UTC看多信心分：7/10重申跳转 X 原文 →

English · 原文

Funniest callout of the year from $VIAV on CPO timelines: "Well, there's been a lot of industry talk [about delays], like, 'Oh, because the yield is going to be slower.' That's all nonsense. CPO and all that thing is moving forward" They stated that Yes there's always issues, but the process is being improved and things are getting better. To follow up on that, the CEO stated: - Viavi has POs for CPO-testing activity - “We’re already getting [CPO revenue] this quarter, and probably in December it will start accelerating.” On a side note, they also stated, 1.6T is "ramping very quickly", should reach parity with 800g next year, and signaled longer tail for 800g demand. TLDR: Seeing CPO test revenues hit for $VIAV to $FORM around now. Nvidia also stated switch-side CPO for scale out and scale across has entered mass production earlier. As for scale up timelines, early production should be H2 2027 for some players, with other CPO players Ayar stating 2028 is the volume inflection period. Basically, all the timelines seem to be the same as before and revenue is starting to hit testing players first.

2026/08/06 01:23UTC看多信心分：7/10重申跳转 X 原文 →

中文 · 翻译

$VIAV 谈到 CPO（共同封装光学）的时间表时，今年最搞笑的一段话： “好吧，行业里有很多关于（延迟）的讨论，比如‘哦，因为良率会比较慢。’ 那都是胡说八道。CPO 和所有相关的东西都在向前推进。” 他们表示，是的，总会有问题，但流程正在改进，情况正在好转。接着，CEO 进一步表示： - Viavi 已经收到了 CPO 测试活动的采购订单 - “我们这个季度就已经收到（CPO 收入）了，可能到 12 月就会开始加速。” 另外，他们还提到，1.6T “正在快速爬坡”，预计明年将与 800G 持平，并预示 800G 的需求会有更长的“长尾”效应。总结：$VIAV 正在为 $FORM 等公司带来 CPO 测试收入。英伟达之前也说过，用于横向扩展和跨域扩展的交换侧 CPO 已经进入了大规模生产。至于纵向扩展的时间表，一些厂商的早期生产应该在 2027 年下半年，而其他 CPO 厂商，比如 Ayar 公司，则表示 2028 年是产量拐点。基本上，所有的时间表似乎都和之前一样，收入正开始首先流向测试设备厂商。